BMW Electric Vehicles Seen As Tesla Threat By 2017

By | May 6, 2014

Scalper1 News

German automaker BMW’s lightweight electric cars likely will pose a formidable threat to Tesla Motors (TSLA), but not until 2017, when the U.S. carmaker is expected to launch its third-generation product, says Barclays in a report. BMW’s new i3 and i8 plug-in hybrid cars aren’t directly positioned against Tesla’s current model, the Model S sports sedan, says Barclays analyst Kristina Church, based in London. BMW’s new models use light-weight Scalper1 News

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